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Another fleeing corporate giant: Connecticut is facing a business migration crisis - TL;DR CNBC

Another fleeing corporate giant: Connecticut is facing a business migration crisis

Publishing timestamp: 2017-07-11 20:40:00


Summary

Connecticut is facing a fiscal crisis with high taxes causing corporate giants to leave, resulting in a decline in tax revenues. However, the state's manufacturing sector is a bright spot, with incentives being offered to keep companies like Sikorsky Aircraft and Pratt & Whitney in the state. Despite the challenges, companies like Thule Group are finding success in Connecticut's manufacturing environment.


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Keywords: thule group abraytheon technologies corpbusiness newsgeneral electric coconnecticuteconomyaetna inc

Source: https://www.cnbc.com/2017/07/11/connecticut-is-facing-a-corporate-migration-crisis.html


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